Are we preserving jobs that will disappear in the next few years? Thomas Hannah (LSE) and Rocco Friebel (LSE) argue that the Job Retention Scheme should be replaced with a Universal Basic Income – not only because the jobs being preserved do not always confer wider societal benefits, but because the technological advances accelerated by the pandemic will anyway make some of them redundant within a decade.
By: Thomas Hannah and Rocco Friebel
In an effort to prevent catastrophic unemployment and default rates, the chancellor Rishi Sunak launched the job retention scheme (JRS) in April 2020. Under the scheme , […]
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